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The Winner's Curse: Paradoxes and Anomalies of Economic Life. | Synapse

October 1, 1993ILR Review960 citations

The Winner's Curse: Paradoxes and Anomalies of Economic Life.

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MBMichael L. Bognanno RTRichard H. Thaler

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Resumen

Acknowledgments1Introduction12Cooperation63The Ultimatum Game214Interindustry Wage Differentials365The Winner's Curse506The Endowment Effect, Loss Aversion, and Status Quo Bias637Preference Reversals798Intertemporal Choice929Savings, Fungibility, and Mental Accounts10710Pari-mutuel Betting Markets12211Calendar Effects in the Stock Market13912A Mean Reverting Walk Down Wall Street15113Closed-End Mutual Funds16814Foreign Exchange18215Epilogue197References199Index225

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Cite This Study

Bognanno et al. (1993) studied this question.

synapsesocial.com/papers/6a0ffebed13714ec96fef66c https://doi.org/10.2307/2524252